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    3785 Varsity Dr Ann Arbor, MI 48108

    Sponsored
    For Sale
    Contact for pricing

    Prime Ann Arbor industrial land, green zone approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.25-acre parcel presents a remarkable development opportunity in Ann Arbor, Michigan. Located at 3785 Varsity Dr, 48108, this fee-simple owned property boasts M-1 industrial zoning and is situated in a prime location offering easy access to I-94. The site has already received green zone approval and building site plan approval for a 20,000 square foot structure, significantly streamlining the development process. This eliminates the need for extensive permitting and planning, saving valuable time and resources for the prospective buyer. The property's location within Washtenaw County ensures convenient access to a skilled workforce and established infrastructure. This is an ideal opportunity for developers seeking a ready-to-build industrial site in a thriving Michigan market. The 1.25-acre lot provides ample space for a variety of industrial uses, making it a highly attractive investment for those seeking to capitalize on the growing demand for industrial space in the Ann Arbor area. The existing approvals significantly reduce development risk and accelerate the timeline to occupancy. Don't miss this chance to acquire a fully permitted and strategically located industrial land parcel.

    Property Features for 3785 Varsity Dr

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • M‑1 Industrial zoning, Green Zone designation.
    • Approved site plan for a 20,000 square foot building.
    • Excellent I‑94 access and proximity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7259505
    Latitude
    42.2320199

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    FAQs

    What type of property is this?
    Land - Prime Ann Arbor industrial land, green zone approved.
    Where is this land located?
    The property is located at 3785 Varsity Dr Ann Arbor, MI.
    What are key features of this property?
    This property features: M-1 Industrial zoning, Green Zone designation.; Approved site plan for a 20,000 square foot building.; Excellent I-94 access and proximity.
    Request Owner's contact information
    3785 Varsity Dr Ann Arbor, MI 48108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3785 Varsity Dr Ann Arbor, MI 48108
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